The governing authorities of any municipality authorizing revenue bonds pursuant to the authority granted in Sections 21-27-23 and 21-27-51, may make provisions for any of such revenue bonds to be called for payment at any interest payment date before maturity, provided the municipality shall have on hand in its bond and interest fund sufficient moneys, not otherwise appropriated or pledged, in excess of the interest and principal requirements within the next two succeeding calendar, operating or fiscal years.
Miss. Code Ann. § 21-27-55
Bonds may be called
Known as the Metropolitan Area Waste Disposal Act
The act spans §§ 21–21 (83 sections).
Codes, 1942, § 3519-20; Laws, 1934, ch. 316; Laws, 1950, ch. 494, § 20, eff from and after July 1, 1950.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.